Analysts Set Boyd Group Services Inc. (TSE:BYD) Price Target at C$265.45

Shares of Boyd Group Services Inc. (TSE:BYD) have received a consensus rating of “Buy” from the twelve analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$265.45.

A number of brokerages have issued reports on BYD. TD Securities raised their price target on shares of Boyd Group Services from C$280.00 to C$290.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Scotiabank set a C$264.00 target price on Boyd Group Services and gave the stock an “outperform” rating in a research note on Wednesday, January 14th. Stifel Nicolaus upped their price target on Boyd Group Services from C$265.00 to C$275.00 in a research report on Tuesday, November 4th. Royal Bank Of Canada increased their price objective on Boyd Group Services from C$272.00 to C$291.00 in a report on Wednesday, November 5th. Finally, ATB Capital boosted their target price on Boyd Group Services from C$275.00 to C$280.00 in a research note on Thursday, November 13th.

Boyd Group Services Stock Performance

Shares of BYD stock opened at C$233.78 on Monday. The company has a market capitalization of C$6.51 billion, a P/E ratio of 315.92, a PEG ratio of -56.72 and a beta of 0.26. Boyd Group Services has a fifty-two week low of C$186.10 and a fifty-two week high of C$258.17. The company has a debt-to-equity ratio of 150.94, a quick ratio of 0.30 and a current ratio of 0.70. The stock has a 50 day moving average price of C$224.68 and a two-hundred day moving average price of C$220.72.

Boyd Group Services (TSE:BYD) last issued its earnings results on Wednesday, November 12th. The company reported C$0.62 earnings per share (EPS) for the quarter. Boyd Group Services had a net margin of 1.35% and a return on equity of 4.93%. The firm had revenue of C$1.10 billion for the quarter. Analysts expect that Boyd Group Services will post 7.1452646 earnings per share for the current year.

About Boyd Group Services

Boyd Group Services Inc is a Canadian corporation and controls The Boyd Group Inc and its subsidiaries. Boyd Group Services Inc shares trade on the Toronto Stock Exchange (TSX) under the symbol BYD.TO and the New York Stock Exchange (NYSE) under the symbol BGSI. For more information on The Boyd Group Inc or Boyd Group Services Inc, please visit our website at https://www.boydgroup.com .